Smart Bathroom Industry Data Book - Smart Toilet, Smart Bathroom Soap Dispenser, Faucets, Showers, Mirrors and Smart Bathtubs Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030
The global Smart Bathroom Industry was estimated at approximately USD 6,573.9 million in 2022 and is expanding at a significant CAGR of 12% from 2023 to 2030, according to a new report by Grand View Research, Inc.
Grand View Research’s smart bathroom industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.
Access the Global Smart Bathroom Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Smart Toilet Market Growth & Trends
The global Smart Toilet Market size is expected to expand at 11.5% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising demand for convenient sanitary hygiene products is driving the demand for smart toilets. Consumers are increasingly seeking ceramic toilet arrangements with built-in features such as air dryers and warm water options, making intelligent bathroom products a symbol of style, particularly in developed nations like the U.S., UK, Germany, and France.
One of the key factors fueling the smart toilet industry’s growth is the growing demand for water-saving solutions. With water conservation and sustainability becoming crucial global goals, smart toilets equipped with water-saving technologies play a vital role in reducing water consumption. As the world population continues to grow, the importance of water resources and sustainable practices has heightened. Consequently, the integration of smart water-saving technology in smart toilets helps address these concerns by minimizing total water consumption.
Furthermore, the construction boom in both commercial and residential buildings is contributing to the market's growth trajectory. The increased adoption of smart toilets aligns with the growing trend of smart homes and the rapid advancements in technology. The acceptance of smart technologies, including voice-activated systems and Internet of Things (IoT) technology, has expanded in corporate, residential, and commercial spaces, further driving the demand for smart toilets on a global scale.
Order your copy of the Free Sample of “Smart Bathroom Industry Data Book - Smart Toilet, Smart Bathroom Soap Dispenser, Faucets, Showers, Mirrors and Smart Bathtubs Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Smart Bathroom Soap Dispenser Market Growth & Trends
The global Smart Bathroom Soap Dispenser Market size is estimated to grow at a CAGR of 12.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Rising concerns about hygiene in developing countries including Brazil, China, India, Indonesia, Thailand, and South Africa are expected to promote the utility of the product in the near future. Smart soap dispensers are increasingly replacing traditional soap dispensers and containers. Soap bars are considered extremely unhygienic, especially in public toilets, as they can carry germs and other harmful micro-organisms. Hence, there is a drastic shift and adoption of smart soap dispensers in public restrooms. Several industries, like the hospitality, healthcare, and entertainment industries, are adopting smart soap dispensers, especially in developing countries such as Bangladesh, Bhutan, Sri Lanka, and India.
COVID-19 has also driven the demand for smart soap dispensers across the world. Small- and medium-scale players have also entered the market owing to the outbreak of COVID-19. The product demand is driven by the touchless feature of smart soap dispensers owing to the rise in demand for zero physical contact products and the need to wash hands frequently to avoid the spread of germs and bacteria.
Growing concerns about sanitation along with the rising purchasing power of middle-class income groups in emerging economies including China and India is driving the market demand from the residential sector. New construction and remodeling in the residential sector have been witnessing remarkable growth, especially in the developing countries in Asia Pacific.
Competitive Landscape
Key players operating in the Smart Bathroom Industry are:
- Jacuzzi Brands, LLC
- Villeroy & Boch AG
- Signature Hardware (Ferguson Enterprises, LLC)
- Pfister (Spectrum Brands, Inc.)
- Kraus USA Plumbing LLC
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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